What Happens to Your Credit When You're Late on Your Mortgage? Your credit score doesn't fall off a cliff the moment you miss a payment — but it does react in stages, and each stage hits harder than the last. Understanding exactly what happens (and when) can help you make decisions that protect ... Continue Reading » about What Happens to Your Credit When You’re Late on Your Mortgage? | Palmetto, FL
Short Sale Info
Will I Still Owe Money After a Foreclosure in Florida? What Manatee County Homeowners Need to Know
If you're behind on your mortgage in Palmetto, Bradenton, Ellenton, Parrish, or anywhere in Manatee County, there's a question that tends to come up sooner or later: will I still owe money after a foreclosure? A lot of homeowners assume that if the bank takes the house, that's the end of it. In ... Continue Reading » about Will I Still Owe Money After a Foreclosure in Florida? What Manatee County Homeowners Need to Know
Missing Mortgage Payments?
It’s Not Too Late Wondering what a homeowner should expect when payments are missed? The most important thing to know is that no matter what stage of default a homeowner is in, there are often options to explore before foreclosure. That being said, the sooner a homeowner does something about the ... Continue Reading » about Missing Mortgage Payments?
Can I Sell My House If I’m Behind on My Mortgage? | Palmetto, FL Homeowners
Can I Sell My House If I'm Behind on My Mortgage? Yes — you can absolutely sell your home while you're behind on mortgage payments, and for many homeowners, it's the single most effective way to protect their finances and move forward with a clean slate. This is one of the most common ... Continue Reading » about Can I Sell My House If I’m Behind on My Mortgage? | Palmetto, FL Homeowners
Foreclosure fears foster true grief
Foreclosure stories have been in the news so often over the years that to some, it might seem like the new normal. But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for a second feels to me like business-as-usual. The prospect of ... Continue Reading » about Foreclosure fears foster true grief
The Foreclosure Fairy Tale
There is a lot of misinformation out there. I would not be surprised to find out that you have heard that a foreclosure is sometimes the best option for you. In my experience, that's rarely the case. For many homeowners who are in danger of losing their homes, a short sale can be a much better ... Continue Reading » about The Foreclosure Fairy Tale